Eccleston Park Golf Club - HLL Humberts Leisure
Eccleston Park Golf Club - HLL Humberts Leisure
Eccleston Park Golf Club - HLL Humberts Leisure
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The Existing Business<strong>Eccleston</strong> <strong>Park</strong> <strong>Golf</strong> <strong>Club</strong> is an established proprietarygolf business that has delivered significant profit growthsince the refurbishment of the facilities in 2007.Detailed trading accounts will be made available toparties who have made an accompanied inspection ofthe property and have signed an NDA.In the year to 31st December 2011 the turnover of thebusiness was £825,000 (rising from £770,000 in 2010)producing an EBITDA (HO) of £183,000 (rising from£146,000 in 2010). The EBITDA (HO) of the businesshas increased annually for the last 4 years, reflecting thequality of the local management team and the <strong>Club</strong>’srenewed status in the regional market.During the 2011 calendar year the business mix wasapproximately 51% golf; 13% retail; and 36% foodand beverage; income, emphasising the strength ofthe business’ high margin golf income that helps driveEBITDA (HO).Trading HistoryFinancial statements for the business for the yearsending 31st December 2009 – 2011 can be summarisedas shown below:Yr End31.12.09Yr End31.12.10Yr End31.12.11Subscriptions 315,000 306,000 302,000Green fees 48,000 43,000 57,000Societies fees 25,000 28,000 41,000Shop 95,000 93,000 112,000Buggies & hire 10,000 14,000 18,000Food & Beverage 268,000 286,000 295,000Turnover 761,000 770,000 825,000CoS 149,000 149,000 167,000Payroll 332,000 326,000 327,000Overheads 173,000 149,000 148,000EBITDA (HO) 107,000 146,000 183,000Membership<strong>Eccleston</strong> <strong>Park</strong> <strong>Golf</strong> <strong>Club</strong> had a total membership of 686as at 1st May 2012. Historic membership numbers are:Year to 31.12.11 691 membersYear to 31.12.10 673 membersYear to 31.12.09 688 membersCirca 50% of annual members renew their membershipson 1st May; the remaining memberships being on arolling renewal basis. Fees for the current (12/13) season(including VAT but excluding EGU fees) are:Category Subscription DD7 Day Individual £781.00 £69.007 Day Joint £1,386.00 £120.005 Day Individual £616.00 £54.005 Day Joint £1,166.00 £100.00Intermediate £495.00 £43.00Junior £231.00 £21.00Green FeesThe green fees for the current 2012 season include:Visitor Member’s Guest18 holes wk £30.00 £16.0018 holes w/e or BH £40.00 £19.00
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